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RVTY

Revvity shares are trading higher following the announcement of their preliminary Q4 revenue guidance, indicating a positive outlook for the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 3:22 pm

COIN

Coinbase Global (NASDAQ:COIN) has seen significant options trading activity, with an even split between bullish and bearish sentiment among traders. Analysis of 18 unusual trades revealed 7 puts and 11 calls, with a focus on a price range between $60 and $280. The largest options spotted include both bullish and bearish trades with various expiration dates and strike prices. Coinbase is a leading cryptocurrency exchange platform, and its stock is currently trading at $159.99 with a slight increase of 0.36%. Analysts have issued mixed ratings for COIN, with a consensus target price of $144.67. The company is expected to announce earnings in 42 days.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 3:16 pm

RMD

ResMed's stock (RMD) is trading higher following JP Morgan's decision to maintain an Overweight rating and increase the price target from $160 to $195.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 3:16 pm

ILMN

Illumina's stock is trading higher following the company's announcement of preliminary Q4 and full-year 2023 revenue guidance that exceeded analysts' expectations.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 3:15 pm

BMWYY

BMW Group has achieved a new record high in vehicle sales with 2.56 million units in 2023, marking a 6.5% year-over-year increase. The company's BEV sales reached the target of 15%, with significant growth across all regions. The BMW brand grew by 7.3% with 2.25 million vehicles delivered globally. In Q4 2023, BMW Group delivered 129,316 fully-electric vehicles, a 47.7% increase. BMW led the global premium segment in 2023, with electric models growing by 92.2%. The company aims to sell over half a million EVs in 2024. BMWYY shares dropped by 0.81% to $36.79.

Portfolio Pulse from Nabaparna Bhattacharya

January 09, 2024 | 3:11 pm

HPE

JNPR

Hewlett Packard Enterprise Co (HPE) is reportedly in advanced talks to acquire Juniper Networks Inc (JNPR) for approximately $13 billion, aiming to enhance its position in the AI market. A deal could be announced soon. JNPR shares rose over 22%, while HPE shares fell 8.47% at the time of the report.

Portfolio Pulse from Adam Eckert

January 09, 2024 | 3:09 pm

AMAM

B. Riley Securities analyst Yuan Zhi has downgraded Ambrx Biopharma (AMAM) from Buy to Neutral but increased the price target from $26 to $28.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 3:08 pm

PLXS

Sidoti & Co. analyst Anja Soderstrom downgraded Plexus (NASDAQ:PLXS) from Buy to Neutral and set a price target of $112.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 3:05 pm

ADT

HRB

ADT (NYSE:ADT) is set to pay a dividend of $0.04 per share on January 09, 2024, with an annualized yield of 2.51%. Shareholders as of December 13, 2023, will be eligible. ADT's dividend has been consistent at $0.14 per share since 2020, and earnings per share have grown from $-0.27 to $0.46 from 2020 to 2023. H&R Block (NYSE:HRB) has the highest annualized dividend yield in the industry at 2.71%.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 3:05 pm

KLIC

Kulicke & Soffa Indus (NASDAQ:KLIC) is set to distribute a dividend of $0.20 per share on January 9, 2024, with an annualized yield of 1.71%. The ex-dividend date was December 20, 2023. The company has shown a positive trend in both dividend per share and earnings per share from 2020 to 2023, indicating a strong financial health and potential for continued profit distribution to shareholders.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 3:05 pm